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Report: Monti says Italy a ’safe place’

Premier Mario Monti says he considers Italy a "safe place" amid market turbulence after his government embarked on a reform drive.
Updated: Feb 04, 03:36 AM

Durcan takes over as CEO in wake of Appleton death

The board of directors for Micron Technology Inc. has named president and chief operating officer Mark Durcan as the company’s interim chief executive officer.
Updated: Feb 04, 02:06 AM

Canadian PM to visit China next week

Canada’s prime minister heads to China next week where he’ll discuss Canada’s vast oil reserves in a visit that’s being viewed as an "open warning" to the United States, which rejected a pipeline from Canada to Texas.
Updated: Feb 03, 06:37 PM

Weekly US oil, gas rig count down 11 to 1,997

The number of rigs actively exploring for oil and natural gas in the U.S. is down 11 this week to 1,997.
Updated: Feb 03, 06:37 PM

Greek debt talks to stretch into weekend

"Crucial" issues remain to be resolved in Greece’s critical negotiations over a second multibillion euro international bailout, and talks would continue into the weekend, the country’s Finance Minister said early Saturday.
Updated: Feb 03, 06:37 PM

SEC names top federal auditor to accounting board

Federal regulators have appointed a top government auditor as a member of the Public Company Accounting Oversight Board, which polices the accounting industry.
Updated: Feb 03, 06:05 PM

SEC reaches settlement with former Qwest CFO

The Securities and Exchange Commission has reached a settlement with former Qwest Communications International Inc. Chief Financial Officer Robert Woodruff over its civil fraud lawsuit.
Updated: Feb 03, 05:36 PM

Recalls this week: Snowmobiles, ottomans, printers

Snowmobiles that could be crash-prone, ottomans that may collapse and printers that can overheat and cause fires are among the items recalled this week.
Updated: Feb 03, 05:08 PM

Traders exit Treasurys after strong jobs report

In the face of improving economic numbers, U.S. government bonds seemed like the wrong place to be.
Updated: Feb 03, 05:08 PM

How the major stock indexes fared on Friday

A drop in the unemployment rate to its lowest level in three years propelled stocks higher Friday. The Dow Jones industrial average closed at its highest level since May 2008, before the worst days of the financial crisis.
Updated: Feb 03, 04:07 PM

A sample of companies that are hiring, at a glance

Employers across a range of industries have stepped up hiring. The economy gained 243,000 jobs in January, the most since last April. The hiring spree helped lower the unemployment rate for a fifth straight month, to 8.3 percent.
Updated: Feb 03, 04:07 PM

Dollar turns lower against euro after jobs report

The dollar finished lower Friday against the euro, giving up early gains driven by a better-than-expected jobs report.
Updated: Feb 03, 04:07 PM

Copper prices jump on improving US jobs market

Copper prices jumped 3.2 percent Friday after a sharp improvement in the U.S. job market and higher factory orders raised hopes for stronger demand.
Updated: Feb 03, 03:36 PM

Oil prices rise after drop in US hiring expands

A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise.
Updated: Feb 03, 03:09 PM

Unemployment rate hinges on more than job gains

For most people, the 8.3 percent unemployment rate is the most visible sign of the economy’s health. The rate’s every movement is closely watched, especially in an election year.
Updated: Feb 03, 03:09 PM

Titans clash in Mexico’s fight over monopolies

A technological revolution is pushing Carlos Slim, the world’s richest man, into a battle with other powerful interests in Mexico, creating a billionaires’ version of a schoolyard spat: name-calling, attack ads, canceled contracts and even a physical shoving match.
Updated: Feb 03, 03:09 PM

Hackers attack Greek Justice Ministry website

Hackers have attacked the Greek Justice Ministry website to protest the government’s signing of a global copyright treaty and its handling of the financial crisis.
Updated: Feb 03, 02:06 PM

Micron CEO dies in plane crash

Steve Appleton, the chief operating officer and chairman of Micron, died Friday morning in a small plane crash in Boise, the company said. He was 51.
Updated: Feb 03, 01:36 PM